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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7822726" data-attributes="member: 142623"><p>Thursday 4 November 2021</p><ul> <li data-xf-list-type="ul">After rising every day since 21 October, May-21 UK feed wheat futures fell £2.10/t yesterday to £225.00/t. Nov-22 futures declined £1.50/t to £196.00/t.</li> <li data-xf-list-type="ul">Wheat prices fell due to profit-taking in global markets, plus a fall in crude oil prices. Nearby Brent crude oil prices fell to $81.99/barrel yesterday, the lowest level since 7 October ahead of an OPEC+ meeting this afternoon. If sustained, lower crude oil prices could reduce global demand for ethanol and biodiesel and so the grains and vegetable oils used to make them.</li> <li data-xf-list-type="ul">May-22 Paris rapeseed futures fell €4.75/t to €674.00/t yesterday, or approx. £572/t. The Nov-22 price fell €2.25/t to €580.50/t, or approx. £493/t. (Refintiv).</li> <li data-xf-list-type="ul">UK cereal usage statistics for September 2021 are now available. <a href="https://ahdb.org.uk/cereals-oilseeds/cereal-use-in-gb-animal-feed-production" target="_blank">Click here for animal feed</a> and <a href="https://ahdb.org.uk/cereals-oilseeds/uk-human-industrial-cereal-usage" target="_blank">here for human and industrial</a>.</li> </ul><h3><a href="https://ahdb.org.uk/news/new-crop-price-support-from-us-maize-area-risk-analyst-s-insight" target="_blank"><span style="font-size: 15px">New crop price support from US maize area risk: Analyst's Insight</span></a></h3><p></p><p><a href="https://ahdb.org.uk/cereals-oilseeds-markets" target="_blank">Latest futures market prices available here</a></p><p></p><p><a href="https://ahdb.org.uk/keeping-in-touch" target="_blank">Click here to receive AHDB market intelligence content straight to your inbox</a></p></blockquote><p></p>
[QUOTE="AHDB Cereals and Oilseeds, post: 7822726, member: 142623"] Thursday 4 November 2021 [LIST] [*]After rising every day since 21 October, May-21 UK feed wheat futures fell £2.10/t yesterday to £225.00/t. Nov-22 futures declined £1.50/t to £196.00/t. [*]Wheat prices fell due to profit-taking in global markets, plus a fall in crude oil prices. Nearby Brent crude oil prices fell to $81.99/barrel yesterday, the lowest level since 7 October ahead of an OPEC+ meeting this afternoon. If sustained, lower crude oil prices could reduce global demand for ethanol and biodiesel and so the grains and vegetable oils used to make them. [*]May-22 Paris rapeseed futures fell €4.75/t to €674.00/t yesterday, or approx. £572/t. The Nov-22 price fell €2.25/t to €580.50/t, or approx. £493/t. (Refintiv). [*]UK cereal usage statistics for September 2021 are now available. [URL='https://ahdb.org.uk/cereals-oilseeds/cereal-use-in-gb-animal-feed-production']Click here for animal feed[/URL] and [URL='https://ahdb.org.uk/cereals-oilseeds/uk-human-industrial-cereal-usage']here for human and industrial[/URL]. [/LIST] [HEADING=2][URL='https://ahdb.org.uk/news/new-crop-price-support-from-us-maize-area-risk-analyst-s-insight'][SIZE=4]New crop price support from US maize area risk: Analyst's Insight[/SIZE][/URL][/HEADING] [URL='https://ahdb.org.uk/cereals-oilseeds-markets']Latest futures market prices available here[/URL] [URL='https://ahdb.org.uk/keeping-in-touch']Click here to receive AHDB market intelligence content straight to your inbox[/URL] [/QUOTE]
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